Jose Maria Aristrain

Jose Maria Aristrain is the former owner of giant steelmaker Arcelor. He backed Lakshi Mittal in the $33 billion 2006 merger that created ArcelorMittal. Aristrain inherited a steelmaker from his father. He first sold it to Aceralia and it later became Arcelor. Now he holds 2% of ArcelorMittal, the world's largest steel company. Its shares tumbled in 2011 and have barely started to recover. He recently became one of the main shareholders of Spain's Tubacex, the second-largest global manufacturer of seamless stainless steel tubes. Very press shy, he reportedly never goes out in public without a bodyguard to protect him and his family from kidnapping and assassination attempts by Basque separatists. He owns a cattle ranch, Ganaderias Aguadulce, in the south of Spain, where he raises bulls for bullfighting. More »

More On Forbes

Last week’s Department of Commerce ruling confirming its preliminary imposition of antidumping duties on steel imports from seven countries is a shot in the arm for the domestic steel industry. The DOC had also announced the imposition of stiff antidumping duties on steel imports from China earlier in the year. Regulatory intervention over read »

One country stands out on Asia’s 50 Richest Families but not one industry. Among just the top five families, business interests span technology, livestock producers, real estate and oil and gas. While the top 50 are rooted in Asia, their conglomerates have worldwide footprints. Collectively, they are worth $519 billion.

On Friday, Athene listed its shares on the New York Stock Exchange, raising $1.1. billion at a $7.4 billion valuation and setting the stage for a growth spurt that should fuel Apollo’s bottom line for years to come. read »

Yi Zheng, chairman of financial data and software supplier Hithink Royal Flush Information Network, has topped the latest list of China’s best CEOs published in the last issue of Forbes China, the Chinese-language edition of Forbes.

Yi, who is also the company’s chairman, led Hithink to a 233% increase in net profit in 2015. The company read »